Gates Industrial Corporation plc (GTES) Tops Q4 EPS by 1c, Revenues Beat

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Gates Industrial Reports Fourth-Quarter and Full-Year 2020 Results

February 8, 2021 8:00 AM EST

DENVER, Feb. 8, 2021 /PRNewswire/ --

Fourth-Quarter 2020 Highlights

Net sales up 9.4%, including core revenue growth of 8.6%, compared to the prior-year period. Net income attributable to shareholders of $24.3 million, or $0.08 per diluted share. Adjusted Net Income of $57.7 million, or $0.20 per diluted share. Adjusted EBITDA margin... More